Move Into Europe Comes With Significant Risks

Out of adversity comes opportunity. That may be something AT&T should remember.

Outcry in Europe over spying by the National Security Agency has prompted officials in the region to threaten intense scrutiny of any AT&T deal to acquire a major wireless carrier there. That could frustrate AT&T's apparent aim of bidding for the remaining piece of Vodafone Group after the deal to sell its stake in Verizon Wireless to Verizon...